George
Town, Cayman Islands ,21 April 2020 – CIBC FirstCaribbean partnered
with Kiwanis Club of Grand Cayman, the Department of Education and
Feed Our Future to provide meals or supermarket vouchers to 553
children at the local primary and secondary schools through the
Homeschool Lunch Programme.

Prior
to the island-wide school closure, students across the 13 government
schools received free breakfast, snacks and lunches on a daily basis.
The number has been increasing daily with the recent closure of
non-essential businesses.

Kiwanis
Club of Grand Cayman Director Kadi Pentney stated, “We are so
grateful for CIBC FirstCaribbean’s donation towards the Homeschool
Lunch Programme. These funds will be used to support the Programme’s
553 students, and specifically will provide one meal per student!”

“Initially
we planned for this programme to be for the six weeks that schools
would be closed, but now we are planning for it to run until the end
of August as long as we continue to receive support from the
community and generous donors like CIBC FirstCaribbean,” she added.

At
the discretion of each canteen, hot meals cost approximately KYD
$6.50 and are delivered by district. However, with the number of
Covid-19 cases on the rise, the majority of canteens and schools have
expressed the need to switch from providing hot meals to supermarket
vouchers to protect their staff. Lunch vouchers are KYD $6 per day
for primary school students and KYD $8 per day for high school
students, with the majority being provided by Foster’s Supermarket
5 days a week.

“CIBC
FirstCaribbean is honored to support such worthy organizations with a
donation in the amount of KYD$3,000.00. One of our missions during
this health crisis has been to provide assistance to the communities
we serve,” said Shadden McLuaghlin, EA to the Managing Director

“Thank
you to Kiwanis Club of Grand Cayman, Department of Education and Feed
Our Future for not only providing meals for those in need, but also
providing nutritious meals that can help improve the health and
well-being of our youth,"
she said.

For
further information about the Homeschool Lunch Programme kindly visit
www.kiwanis.ky
or contact Kadi Pentney at kadi@kiwanis.ky or 916-8664.

About CIBC
FirstCaribbean

CIBC
FirstCaribbean is a relationship bank offering a full range of market
leading financial services through our Corporate and Investment
Banking, Retail and Business Banking and Wealth Management segments.
We are located in sixteen (16) countries around the Caribbean,
providing the banking services that fit our customers’ lives
through approximately 3,000 employees in 68 branches and offices. We
are one of the largest regionally listed financial services
institutions in the English and Dutch speaking Caribbean, with over
US$11 billion in assets and market capitalization of US $2 billion.
We also have an office in Hong Kong. The face of banking is changing
throughout the world and CIBC FirstCaribbean intends to lead these
changes with the expertise, integrity and knowledge gained from
banking in the Caribbean since 1836.

CIBC
FirstCaribbean is a member of the CIBC Group. CIBC is a leading
Canadian-based global financial institution with 11 million personal
banking and business clients. Through our three major business units
- Retail and Business Banking, Wealth Management and Capital Markets
- CIBC offers a full range of products and services through its
comprehensive electronic banking network, branches and offices
across Canada with offices in the United States and
around the world.

For
more information about CIBC FirstCaribbean, visit www.cibcfcib.com
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